What is amount of outstanding checks

Assignment Help Financial Accounting

Reference no: EM1376161

In month of May, Lopat Company Inc. wrote checks in the amount of $37,000. In June, checks in amount of $50,632 were written. In May, $33,872 of these checks were presented to bank for payment, and $43,532 in June. What is amount of outstanding checks at the end of May?

Reference no: EM1376161

Questions Cloud

The three elements of kernel are a diagnosis of challenges : The three elements of kernel are- a diagnosis of challenges as well as obstacles faced by the companies a guiding policy on how companies plan to method or overcome the obstacles

Do you think there is some way a organization can hold : Do you think there is some way a organization can hold true to their traditional belief also still advance into the future. A metal-cutting operation has a target value of 20 also consistently averages 19.8 with a criterion deviation of 0.5.

Elucidate how does henry larsen get away with such egregious : Elucidate how does Henry Larsen get away with such egregious behaviour in the Orion Shield case. Processes to consider may be related to policies also procedures, human resource management also customer service.

Identify and discuss costco''s three elements of kernel : Identify and discuss Costco's three elements of kernel in strategy. And how Costco is able to overcome the obstacles to sustain its competitive advantage

What is amount of outstanding checks : What is amount of outstanding checks at the end of May - wrote checks in the amount of $37,000. In June, checks in amount of $50,632 were written.

Illustrate what software tools are available to help plan : Describe a common process related to supply chain management. Illustrate what software tools are available to help plan the process.

What is the difference between tourism industry : Demand for dishwasher water pumps is 8 per day. The criterion deviation of Demand is 3 per day also the order lead time is four days. The service level is 95percent. Illustrate what should the reorder point be.

What is rosenberg''s break even market share in 2013 : Incorporate market share from (b) above into your assessment. Carefully describe your reasoning.

User Account

All Pages